Employee Share Ownership: Evidence, Lessons & Big Ideas
What does history, and decades of data, tell us about employee share ownership? And what will it take to expand it? In this keynote from the TOP25 Worker Ownership Conference at Harvard Business School, Rutgers University professor Joseph Blasi presents the deep American roots of worker ownership, the current state of ESOPs and equity compensation, and a bold agenda for what business schools and corporate leaders should do next.Discussants Maureen Conway (Aspen Institute) and Corey Rosen (National Center for Employee Ownership) respond with perspectives from policy and practice. Moderated by Nien-hê Hsieh (HBS).
Key themes:
• George Washington signed the first US profit-sharing legislation in 1792, for cod fishermen
• More than half of American workers report some form of shared ownership or profit sharing
• Three years of equity grants at Microsoft and Amazon equal a third of the value of all closely held ESOPs in the US
• Boards delegate equity compensation decisions for most workers to CEOs, a conflict of interest
• If workers own the robots, they won't oppose AI, they'll benefit from it
Highlights:
• 4:14 Joseph Blasi keynote begins
• 4:51 The cod fishing story: America's first profit-sharing law
• 15:02 National statistics: how many workers have shares today
• 20:53 ESOPs vs. equity compensation: two halves of the picture
• 22:15 Harvard Business School's own history with employee ownership
• 38:28 The agenda for academia and policymakers
Learn more about the conference and The Ownership Project at HBS: https://www.hbs.edu/bigs/about/research/the-ownership-project/top25-conference
#EmployeeOwnership #ESOP #SharedCapitalism #WorkerOwnership #HarvardBusinessSchool #BiGS #ProfitSharing #JosephBlasi Receive SMS online on sms24.me
TubeReader video aggregator is a website that collects and organizes online videos from the YouTube source. Video aggregation is done for different purposes, and TubeReader take different approaches to achieve their purpose.
Our try to collect videos of high quality or interest for visitors to view; the collection may be made by editors or may be based on community votes.
Another method is to base the collection on those videos most viewed, either at the aggregator site or at various popular video hosting sites.
TubeReader site exists to allow users to collect their own sets of videos, for personal use as well as for browsing and viewing by others; TubeReader can develop online communities around video sharing.
Our site allow users to create a personalized video playlist, for personal use as well as for browsing and viewing by others.
@YouTubeReaderBot allows you to subscribe to Youtube channels.
By using @YouTubeReaderBot Bot you agree with YouTube Terms of Service.
Use the @YouTubeReaderBot telegram bot to be the first to be notified when new videos are released on your favorite channels.
Look for new videos or channels and share them with your friends.
You can start using our bot from this video, subscribe now to Employee Share Ownership: Evidence, Lessons & Big Ideas
What is YouTube?
YouTube is a free video sharing website that makes it easy to watch online videos. You can even create and upload your own videos to share with others. Originally created in 2005, YouTube is now one of the most popular sites on the Web, with visitors watching around 6 billion hours of video every month.
